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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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economy
Banking & Finance
Egypt approves $131 million agreement with AfDB for private sector development
This approval follows a EUR1 billion EU support initiative endorsement
Banking & Finance
Kuwait Central Bank issues $792 million bond, tawarruq
CBK said that the issuance period is three months with a return rate of 4.125 percent
Markets
UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
Energy
Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
Economy
How UAE is leading in industrial growth and economic diversification
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
Economy
Saudi Arabia’s net FDI inflows rise 37 percent to $4.26 billion in Q3 2024
Net FDI inflows declined 24 percent year-on-year from SAR21.1 billion during the third quarter of 2023
Industry
Qatar: Private sector exports hit $701.6 million in Q3 2024
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
Economy
UAE’s real GDP grows 3.6 percent to $239.5 billion in H1 2024
The contribution of non-oil sectors to the country's GDP reached 75 percent
Economy
Qatar Tourism: Five million visitors welcomed in 2024
A 25 percent increase in international arrivals compared to 2023
Economy
ADNOC’s ICV Program to drive $54.45 billion into UAE economy over next 5 years
In 2024, the company reinvested AED55 billion into the UAE’s economy and created 5,500 jobs for UAE Nationals
Economy
UAE: Economic Content Creators Program explores engaging storytelling techniques in second week
Training sessions impart knowledge on simplifying complex data to create compelling narratives
Energy
Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
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